Rising Production Costs Will Be Continuing Obstacle for Chalco
Edited by : AL CIRCLE
1 min read
...Chalco's ACH results for the second half of 2010 reflect a growing concern about cost control at China's largest aluminum producer. Strong aluminum prices in the last half of the year caused a slight increase in revenue, offsetting the lost sales volume from production cuts at some of the company's aluminum plants. However, higher production costs, primarily electricity, cut margins in half compared with the first six months of 2010...